Updated Dec 21, 2023
Shan't Minas Acquires Retail Property On Chevy Chase Drive In Atwater Village For $925K
4129 Chevy Chase Drive, Los Angeles, CA 90039, USA
$925,000
$463/SF
Building Size
1,997 SF
Asset Type
Retail
Closing
Jun 16, 2020
About this deal
AI
The retail property located at 4129 Chevy Chase Drive in Atwater Village has been sold. The sale took place on June 16, 2021, with an asking price of $950,000 and a final sale price of $925,000. The property spans 1,997 square feet, resulting in a price per square foot of $463.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $925,000
- Address: 4129 Chevy Chase Drive
- Market: Atwater Village
The buyer of the property is Shan't Minas, while the sellers are Fernando Gallegos and Rosa Vargas. The transaction was facilitated by broker Jay Martinez.
Players
Los Angeles Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
17.15%
Cash-on-Cash
-4.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93